MFA Joins Amicus Curiae Brief in the case of Hunter v. FERC Regarding Jurisdiction to Regulate Futures Trading

July 08, 2010

From: MFA, Stuart Kaswell


United States District Court of Appeals for the District of Columbia Circuit

MFA, together with FIA, CME and NFA, filed an amicus curiae brief in the Hunter v. FERC case. In our brief, we argue that the CFTC has exclusive jurisdiction to regulate futures trading and to police futures trading price manipulation under CFTC rules. We argue that the Federal Energy Regulatory Commission is overreaching by asserting jurisdiction over a futures trader for futures trading under FERC regulation.